1603, 29 Burj Boulevard Tower 2
Sold prices and rental history: sold 3 times, last in March 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, 29 Burj Boulevard Tower 2
What is 1603 worth today?
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Source: Dubai Land Department. Updated 6 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 495 sqft
- Floor
- 16th of 43
- Parking
- B3-224
- Developer
- Emaar
- Completed
- 2013
- Service charge
- AED 9,700 /yr
- Last sold
- AED 1.35M · March 2014
- Building
- 29 Burj Boulevard Tower 2
About 1603, 29 Burj Boulevard Tower 2
1603 is a studio of 495 sqft on the 16th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 25 March 2014 for AED 1,350,000, or AED 2,727 per sqft, 14% above the AED 2,402 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 6 January 2026, is AED 79,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 9,700 a year.
Sales and rents for 1603 over time
1603 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in 29 Burj Boulevard Tower 2, and where 1603 sits
All 27 studios →1603 last sold in March 2014 at AED 2,727 per sqft, 14% above what studios in 29 Burj Boulevard Tower 2 were fetching at the time (AED 2,402). Over the last 12 months studios sold for AED 700,000 to 1,150,000, around AED 2,576 per sqft, and rent for AED 60,000 to 85,000 a year. 1603's AED 79,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 495 sqft | 1,150,000 | 2,323 | ||
| 14 Jan 202614 January 2026 | 247 sqft | 700,000 | 2,829 | ||
| 28 Nov 202428 November 2024 | 495 sqft | 1,200,000 | 2,424 | ||
| 6 Nov 20246 November 2024 | 493 sqft | 1,200,000 | 2,435 |
29 Burj Boulevard Tower 2
Building373 apartments, studios to 3-bed over 43 floors in Downtown Dubai, completed in 2013 by Emaar. 29 sold in the last 12 months.
- Typical price per sqft
- AED 2,323 Down 2.3%
- Typical sale
- AED 2.25M
- Typical rent
- AED 115K /yr
- Typical yield
- 5.4%
Other units on the 16th floor
All 373 units in 29 Burj Boulevard Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 854 sqft | AED 2MAED 2,000,000 · Nov 2025November 2025 | 92,000 /yr | |
| 1602 | 1-bed | 800 sqft | AED 1.5MAED 1,500,000 · May 2023May 2023 | 113,000 /yr | |
| 1604 | 1-bed | 799 sqft | AED 2MAED 2,001,000 · Apr 2025April 2025 | 80,000 /yr | |
| 1605 | 1-bed | 849 sqft | AED 1.73MAED 1,725,000 · Oct 2023October 2023 | 105,000 /yr | |
| 1606 | 1-bed | 902 sqft | AED 54KAED 53,841 · Jul 2026July 2026 | 105,000 /yr | |
| 1607 | 2-bed | 1,030 sqft | AED 3.2MAED 3,200,000 · Jan 2025January 2025 | 155,000 /yr | |
| 1608 | 1-bed | 1,129 sqft | AED 1.55MAED 1,550,000 · Apr 2019April 2019 | 110,000 /yr | |
| 1609 | 2-bed | 1,440 sqft | AED 3.63MAED 3,625,000 · Feb 2017February 2017 | 120,000 /yr | |
| 1610 | 1-bed | 828 sqft | AED 1.18MAED 1,175,000 · Jul 2019July 2019 | 120,000 /yr | |
| 1611 | 1-bed | 1,044 sqft | AED 1.6MAED 1,600,000 · Dec 2022December 2022 | 100,000 /yr |
1603, 29 Burj Boulevard Tower 2 in numbers
- Sold 3 times: first on 13 October 2009 for AED 1,157,888, last on 25 March 2014 for AED 1,350,000 (AED 2,727 per sqft).
- Rented since May 2014 on 11 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2020 and recovered to AED 79,000 by January 2026.
- At AED 79,000 a year the gross yield on the 2014 price is 5.9%, before a service charge of about AED 9,700 a year (AED 19.50 per sqft).
- Studios in 29 Burj Boulevard Tower 2 sold for AED 700,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 2,323 per sqft.
Source: Dubai Land Department. Updated 6 January 2026.
Questions about 1603, 29 Burj Boulevard Tower 2
What did unit 1603 last sell for?
AED 1,350,000 on 25 March 2014: AED 2,727 per sqft for 495 sqft. The unit has 3 registered sales; the first was AED 1,157,888 in October 2009.
What is the rent for unit 1603?
AED 79,000 a year on the contract signed on 6 January 2026. The previous contract, from February 2025, was AED 70,000; the unit has been rented since May 2014.
How big is unit 1603?
495 sqft (46.0 sqm): a studio on the 16th floor of a 43-storey tower completed in 2013.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in 29 Burj Boulevard Tower 2 sold for AED 700,000 to 1,150,000 in the last 12 months, around AED 2,576 per sqft.
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Mortgage on 1603, 29 Burj Boulevard Tower 2
Starts from the last sale price (AED 1.35M, 25 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →